What is the cash received for interest revenue

Assignment Help Accounting Basics
Reference no: EM132856361

Problem - Interest revenue for the current year is $100,000. Interest payable increased $41,000 during the year and Interest receivable increased $55,000 during the year No discount or premium was amortized. What is the cash received for interest revenue?

Reference no: EM132856361

Questions Cloud

Social-political groups collaborated to implement changes : Identify the contributing factors that caused the disaster. What social and political groups collaborated to implement changes?
Correlations depends on the classes of the response : Consider a classification problem, where (i) the response is affected by a set of predictors, (ii) the predictors follow approximately a multivariate
Compare some of the audit sampling methods : During your winter break after your final exam, you join in A & K audit firm as an intern trainee for 2 months. Compare some of the audit sampling methods
Which is based on an organisation business functions : Many e-commerce websites use a dropdown list for states or the country to ensure that customers enter the right abbreviations. Such mechanism is called
What is the cash received for interest revenue : Interest payable increased $41,000 during the year and Interest receivable increased $55,000. What is the cash received for interest revenue
Performs the task again and the processing time : Then each employee performs the task again and the processing time is measured again. Are the two samples matched pairs or not? Why or why not?
Communications between computer software and hardware : which the operating system must manage communications between the computer software and hardware.
Find the current value of perpetuity : Assume the term structure of forward rates is flat and they are equal to 5%. The factor y is the forward rate (such one-factor model is called "parallel yield s
What the first step in the sdlc : Which Any structure an organisation uses for organising, accessing, retrieving, storing and managing its information? What The first step in the SDLC

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd